Business

Japan may see upheaval of funds when BOJ hikes rates to 1%, economist says

Thursday, February 19 by SRN News

By Leika Kihara and Takahiko Wada TOKYO, Feb 19 (Reuters) - An expected rise in Japan's short-term interest rate to 1% may trigger a significant reallocation of cash into deposits that could complicate the Bank of Japan's monetary policy implementation, a leading economist told Reuters... Read More.

Rio Tinto annual earnings flat as iron ore weakens, copper cushions blow

Thursday, February 19 by SRN News

By Melanie Burton and Roushni Nair MELBOURNE, Feb 19 (Reuters) - Rio Tinto on Thursday reported flat annual earnings that missed expectations as its mainstay iron ore business suffered from lower prices, though this was offset by a strong performance from its copper division. The world's... Read More.

Explainer-Will Bayer’s proposed $7.25 billion Roundup deal bring legal closure?

Thursday, February 19 by SRN News

By Dietrich Knauth and Diana Novak Jones Feb 19 (Reuters) - Bayer's Monsanto unit has proposed a $7.25 billion nationwide class settlement to resolve both current and future lawsuits alleging that its Roundup weedkiller caused cancer, billing it as a long-awaited path toward ending years... Read More.

JPMorgan in talks to bank for Trump’s Board of Peace, FT says

Thursday, February 19 by SRN News

Feb 19 (Reuters) - JPMorgan is in talks to provide banking services to the U.S.-led Board of Peace, an institution tasked with rebuilding Gaza, the Financial Times reported on Thursday, citing people familiar with the discussions. The bank has discussed providing services such... Read More.

Pernod Ricard’s sales fell in first half, trend improved in second quarter

Thursday, February 19 by SRN News

PARIS, Feb 19 (Reuters) - French spirits maker Pernod Ricard reported a 5% decline in second-quarter like-for-like sales, as weak consumer demand and destocking in the United States and China continued to weigh. The fall, however, in the second quarter was not as bad as... Read More.

Nestle beats Q4 sales expectations, plans ice cream sale as CEO sharpens focus

Thursday, February 19 by SRN News

By Alexander Marrow LONDON, Feb 19 (Reuters) - Nestle reported better than expected fourth-quarter sales growth on Thursday and said it was sharpening its focus to four businesses led by its strongest brands, a drive that includes plans to sell off its remaining ice cream... Read More.

Modi pitches India as global artificial intelligence hub at AI summit

Thursday, February 19 by SRN News

NEW DELHI (AP) - Indian Prime Minister Narendra Modi on Thursday pitched India as a central player in the global artificial intelligence ecosystem, saying the country aims to build technology at home while deploying it worldwide. "Design and develop in India. Deliver to the... Read More.

Asia holidays as US, Iran work to avert conflict

Thursday, February 19 by SRN News

A look at the day ahead in European and global markets from Rae Wee Asian markets were pretty sedate on Thursday with parts of the region still out for the Lunar New Year holiday, though investors remained on edge over whether tension between the U.S.... Read More.

Airbus softens output goal amid Pratt & Whitney engine delays

Thursday, February 19 by SRN News

PARIS, Feb 19 (Reuters) - Airbus softened its main jet production target on Thursday, citing "significant shortages" of engines from one of its main suppliers, RTX unit Pratt & Whitney, as it reported a 17% rise in core fourth-quarter profits. The world's largest planemaker now... Read More.

Asian shares advance, tracking a Wall St rally led by Nvidia

Thursday, February 19 by SRN News

Asian shares were higher Thursday after a rally on Wall Street that was led by computer chip giant Nvidia. U.S. futures edged lower and oil prices rose as media reports said the likelihood was rising of conflict with Iran. U.S. President Donald Trump has... Read More.

Current Weather

Japan may see upheaval of funds when BOJ hikes rates to 1%, economist says

Rio Tinto annual earnings flat as iron ore weakens, copper cushions blow

Explainer-Will Bayer’s proposed $7.25 billion Roundup deal bring legal closure?

JPMorgan in talks to bank for Trump’s Board of Peace, FT says

Pernod Ricard’s sales fell in first half, trend improved in second quarter

Nestle beats Q4 sales expectations, plans ice cream sale as CEO sharpens focus

Modi pitches India as global artificial intelligence hub at AI summit

Asia holidays as US, Iran work to avert conflict

Airbus softens output goal amid Pratt & Whitney engine delays

Asian shares advance, tracking a Wall St rally led by Nvidia

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